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Investing.com - Cantor Fitzgerald has reiterated its Neutral rating and $220.00 price target on Check Point Software (NASDAQ:CHKP) following the company’s second-quarter 2025 financial results. According to InvestingPro data, the company maintains impressive gross profit margins of 88% and shows strong financial health with a GOOD overall score.
Check Point reported moderate revenue growth of 6% year-over-year in Q2 2025, primarily driven by product demand and refresh activity, according to Cantor Fitzgerald’s analysis. The company’s solid financial position is reflected in InvestingPro data showing more cash than debt on its balance sheet, while management has been actively buying back shares.
The cybersecurity firm faced challenges as subscription sales and billings fell short of expectations, with several large contracts experiencing deal slippage that delayed them into early third quarter.
Cantor Fitzgerald noted that while Check Point is investing in Secure Access Service Edge (SASE) and Harmony Email solutions, competitive pressures raise concerns about the company’s ability to maintain strong subscription growth.
The firm also highlighted that Check Point’s margins declined slightly during the quarter, though cash flow remained solid, suggesting cautious visibility amid ongoing market headwinds.
In other recent news, Check Point Software Technologies Ltd. reported better-than-expected second-quarter results, with a 6% increase in revenue driven by strong performance in its emerging technologies portfolio and Quantum Force appliances. Despite the positive revenue growth, several analysts have adjusted their price targets for the company. Scotiabank reduced its price target to $220 from $240, citing a deceleration in billings and Revenue Performance Obligations growth. Cantor Fitzgerald also lowered its price target to $220 from $230, even though Check Point beat FactSet consensus top-line estimates, indicating solid product demand.
Stifel reduced its price target to $200 from $220, describing the quarter as "mixed/noisy," with some metrics exceeding expectations while others fell short. Mizuho cut its price target to $215 from $240, noting that total second-quarter billings growth of 3%-4% year-over-year to $642 million missed Street estimates of $649 million. The shortfall was attributed to several seven-figure deals being delayed into the third quarter, though these deals have since closed. These developments provide investors with a comprehensive view of Check Point’s recent performance and the varied analyst perspectives on the company’s outlook.
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